“Investors and entrepreneurs who champion the digital currency have been on a mission to evangelize since the press became enamored of Bitcoin earlier this year. ‘What Wall Street does can be done in Bitcoin,’ crowed Naval Ravikant, founder of the online investment platform Angel List. He said that everything the entire industry does — putting things in escrow, moving money around — can be done more easily with what he calls ‘programmable money.’ Balaji Srinivasan, an entrepreneur, said it’s helpful to think of the relationship of Bitcoin to money like e-mail is to physical mail.”
Related posts:
FBI admits no major cases cracked with Patriot Act snooping powers
Goldman Has a New Product to Bet on the Next Banking Crisis
U.S. to seize New York skyscraper it claims is secretly owned by Iran
Alibaba's Alipay And PayPal Will, And Should, Destroy Physical Banks
Marc Andreessen sings Bitcoin's praises
Riveting and Chilling: Victims of IRS Targeting Tell Their Stories on Capitol Hill
Dozens of Irish councils to make property tax cuts, freeze rates
The War On Terror Has Cost Taxpayers $1.7 Trillion
French woman offers to breast feed gay couples’ babies for $130 a day
Switzerland tops World Economic Forum global competitive rankings
Verizon Files Patent for Creepy Device To Watch You While You Watch TV
Millions affected after cyber attack on HSBC
Will Migrant Workers Drive Bitcoin's Mundane Future?
Ron Paul On Foreign Aid: We Should Stop Funding These Nations, You Can't Buy Friendship
U.S. Jails More People Than Any Other Country